Average Accountants and Auditors Salary in Chico, CA
Accountants and Auditors in Chico, CA earn an average annual salary of $86,520. This figure is below the national average of $94,430, suggesting that local economic factors and demand dynamics influence compensation within this specific California locale. While the nominal salary may appear lower, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $86,520 per year.
- Growth Trend: Salaries have shifted 24.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,800.
- Outlook: Chico, CA supports a local workforce of 490 Accountants and Auditors. The location quotient of 0.66 indicates that this profession is less concentrated in Chico compared to the national average, suggesting a potentially stable, albeit not booming, job market. With 6.223 jobs per 1,000 workers, there is a consistent presence of these roles, pointing to ongoing demand within the local economy.
Salary Overview
The average Accountants and Auditors in Chico, CA earns-8.4%below the national average.
$41.6
$1,664
$7,210
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Chico is not provided, it is generally observed that salaries for Accountants and Auditors nationwide have seen consistent growth over the past four years, driven by increasing regulatory complexity and the essential nature of financial oversight. It is reasonable to assume that Chico's market has mirrored this trend to some extent, with incremental salary increases reflecting both inflation and evolving market demands for skilled financial professionals.
Accountants and Auditors Salary Distribution in Chico, CA
The career trajectory for Accountants and Auditors typically involves significant salary progression with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command salaries well into the upper percentiles. The widening gap between starting salaries and those of senior accountants signifies substantial opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $55,060 | $26.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $64,890 | $31.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,000 | $37.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $108,150 | $52 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,800 | $60 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$86,520
Gross Pay
Real Wage (Purchasing Power)
$86,520
Adjusted for COL (100)
With an average annual salary of $86,520 and a Cost of Living Index of 100, Accountants and Auditors in Chico, CA experience a salary that aligns precisely with the national average cost of living. This means that the purchasing power of the Chico salary is effectively equivalent to the national average, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective when compared to the rest of the country.
Job Market Context
490
Total Jobs
6.223
Per 1K Jobs
0.66
Location Quotient
Chico, CA has 0.66x the national average concentration of Accountants and Auditors jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The location quotient of 0.66 for Accountants and Auditors in Chico, CA, indicates that this profession is less prevalent in Chico than the national average. This suggests that while there is a dedicated local workforce, the market is not oversaturated, potentially offering a competitive environment for skilled professionals seeking employment. Employers may need to actively recruit to fill specialized roles, which could translate to better opportunities for experienced candidates.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Yuba City, CA Accountants and Auditors Salary | $92,210↑ 7% | 44 mi |
| Redding, CA Accountants and Auditors Salary | $86,940↑ 0% | 63 mi |
| Sacramento-Roseville-Folsom, CA Accountants and Auditors Salary | $94,200↑ 9% | 84 mi |
Comparing salaries near Chico, CA
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Chico, CA?
The median annual salary for a Accountants and Auditors in Chico, CA is $86,520. This typically ranges from $55,060 for entry-level positions to $124,800 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Chico, CA is 8.4% lower than the national median of $94,430.
Is Chico, CA a lucrative place for Accountants and Auditorss?
No, not exceptionally lucrative compared to the national average.While the average salary of $86,520 is substantial, it falls below the national average of $94,430. However, the cost of living being at the national average means the salary's purchasing power is comparable.
Is Chico, CA a good place to live for Accountants and Auditors?
The Cost of Living Index in Chico, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Chico, CA?
Some top paying nearby cities include Yuba City, CA ($92,210) and Redding, CA.
How does the Chico salary compare to the national average?
The average annual salary for Accountants and Auditors in Chico, CA is $86,520, which is approximately $7,910 less than the national average of $94,430.
What is the concentration of Accountants and Auditors in Chico, CA?
The location quotient for Accountants and Auditors in Chico, CA is 0.66, meaning the profession is less concentrated there compared to the national average.
How does the cost of living in Chico, CA affect the salary?
Chico, CA has a Cost of Living Index of 100, which is the national average. This means the $86,520 salary has purchasing power equivalent to the national average, without the added benefit or drawback of a significantly different cost of living.
What is the size of the Accountant and Auditor workforce in Chico, CA?
There are approximately 490 Accountants and Auditors employed in Chico, CA, representing 6.223 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Chico, CA area with a job density of 6.223 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Chico, CA